Every 10-Q that Advanced Energy (AEIS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AEIS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AEIS filings page.
Advanced Energy Industries reported Q2 2026 revenue of $574.1 million, up from $441.5 million a year earlier, with broad growth in Semiconductor Equipment and Data Center Computing. Gross margin improved to 41.1% from 37.0%, lifting operating income to $95.1 million and net income to $54.1 million, or diluted EPS of $1.28. Non-GAAP operating margin was 21.9%, and non-GAAP net income was $112.2 million.
For the first half of 2026, revenue reached $1,085.1 million and net income $120.9 million. Operating cash flow was $79.0 million, while capital expenditures of $86.1 million supported growth initiatives. Cash, cash equivalents and restricted cash increased to $1,398.5 million at June 30, 2026.
The company issued $1.15 billion of 0% Convertible Notes due 2031 and used part of the proceeds to exchange $438.3 million of its 2.5% 2028 Notes, paying $442.4 million in cash and issuing about 2.0 million shares, which generated a $31.8 million loss on induced conversion. Remaining 2028 Notes of $136.7 million are subject to redemption in September 2026. Net long-term debt was $1,128.6 million, offset by substantial cash and an undrawn $600.0 million revolver, while restructuring programs continued with a $10.8 million liability outstanding.
Advanced Energy Industries reported strong Q1 2026 results, driven by AI-related demand. Revenue rose to $511.0 million, up 26.3% year over year, with Data Center Computing revenue more than doubling to $194.2 million and solid growth in Industrial and Medical and Telecom and Networking.
Gross profit increased to $200.9 million and gross margin improved to 39.3%, helped by higher volume and manufacturing cost reductions. GAAP net income climbed to $66.8 million from $24.7 million, with diluted EPS of $1.58; non-GAAP EPS was $2.09 versus $1.23.
Cash and cash equivalents were $699.5 million, while net cash from operating activities was a modest outflow of $6.0 million due to higher receivables, inventory builds, and lower accrued expenses. The company has $575.0 million of 2.5% convertible notes due 2028, now classified as current, and an undrawn $600.0 million revolving credit facility.
Advanced Energy Industries (AEIS) reported a strong Q3 2025 with revenue of $463.3 million, up from $374.2 million a year ago, and net income of $46.2 million versus a prior-year loss. Operating income reached $49.2 million, supported by gross margin of 37.6%.
Growth was led by Data Center Computing at $171.6 million, more than doubling year over year, while Semiconductor Equipment was roughly flat and Industrial & Medical softened. Reduced restructuring charges versus last year also aided the turnaround.
Cash and cash equivalents were $758.6 million and total stockholders’ equity was $1,307.2 million. Long-term debt reflects $575.0 million of 2.50% convertible notes due 2028. AEIS entered a new credit agreement with a $600.0 million revolving facility and had no borrowings outstanding. The company continues manufacturing consolidation, including the shutdown of its Zhongshan, China site.